Sec. 20. All:

(1) property:

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Terms Used In Indiana Code 21-35-3-20

(A) acquired under authority of this chapter; or

(B) used as a support facility or a research facility; and

(2) bonds issued under the authority of this chapter, together with the interest on the bonds;

are exempt from taxation.

[Pre-2007 Higher Education Recodification Citation: 20-12-8-5.]

As added by P.L.2-2007, SEC.276.